Top Cloud Gaming Companies in the Global Market, 2022

 Posted on: Nov-2022 | ICT & Telecommunications

Cloud gaming is a type of online gaming that uses remote servers to store and process game data, eliminating the need for expensive gaming hardware. Games are streamed to players over the internet, allowing them to play without downloading or installing any software. Cloud gaming services are typically subscription-based, with players paying a monthly fee to access a library of games. Some cloud gaming services allow players to rent or purchase individual games, while others require a monthly subscription.

The competitive landscape for cloud gaming is still in its early stages, with a few large companies competing for market share. The most notable competitors in the cloud gaming market are Google, Amazon, and Microsoft. Google has been a major player in the cloud gaming market since it launched its Stadia platform in 2019. Stadia has been well-received by gamers and has a growing library of games. Amazon is another major player in the cloud gaming market. The company launched its Luna platform in 2020 and has been aggressively expanding its game library. Microsoft is the third major player in the cloud gaming market.

The cloud gaming market is growing fast because of the growing number of mobile gamers. The growing demand for cloud gaming services among gamers and major players’ entry into the cloud gaming market are the major factors driving the market growth.

As per recent studies published by the global research hub, the cloud gaming market is set to expand at a CAGR of 44.6% % over 2020–2028 and hit revenue worth nearly USD 13,256.8 million by 2028.

We will discuss some of the Key players operating in the cloud gaming market

Google Inc.

Company Details:

Headquarters - California, CA, U.S.

Year of Establishment - 1998

Chairman, CEO, and President - Sundar Pichai

Company Overview

Google Inc. is incorporated into Alphabet Inc. in the year 2015. Google Inc provides high-resolution imagery access to billions of users every year through Google Maps, Google Maps APIs, and Google Earth. Google LLC develops technology products and provides services to organize information. It also provides YouTube offers video, interactive, and other ad formats, Android, an open-source mobile software platform; hardware products, including Chromebook, Chrome OS devices, Chromecast, and Nexus devices; Google Play.

Business Strategy

Google LLC follows the strategy of acquisition to expand its business. Aerial imagery is to be provided as a service, so there are no capital costs for hardware or software. Capacity is automatically scaled to meet unexpected demand, there’s no need for a large investment in the data center. Google is eyeing to invest and focus on the gaming sector.

Google LLC's annual revenue for 2021 was USD 256.75 billion, a 41% increase from 2020.


Amazon Web Services, Inc. (AWS)

Company Details:

Headquarters - Washington, U.S.

Year of Establishment - 2006

Website - aws.amazon.co

Company Overview

Amazon Web Services, Inc. offers cloud computing solutions and services to its clients in the United States and globally. The company provides cloud infrastructure services, like computing, storage, content delivery, database, and networking services; platform services that include analytics, enterprise applications, mobile services, and the Internet of Things; and developer tools, management tools, security and identity services, and application services.

Amazon Web Services, Inc. has a strategic alliance with VMware and Salesforce, a strategic collaboration with Nokia

Business Strategy

The company is more focused on new product development to expand its market presence in the service sector. The company is also focusing on new markets. Amazon has built expertise at entering new markets and making a success of them. The expansion has helped the organization to build a new revenue stream and diversify the economic cycle risk in the markets it operates.

Amazon Web Services annual revenue for 2021 was USD 62,202 million


Microsoft Corporation

Company Details:

Headquarters - Washington, U.S.

Year of Establishment - 1975

Website - www.microsoft.com

Company Overview

The Company develops, licenses, and supports a range of software products, services, and devices. The Company's segments include Productivity and Business Processes, Intelligent Cloud and More Personal Computing. The Company's products include operating systems, cross-device productivity applications, server applications, business solution applications, and server management tools. It offers an array of services, including cloud-based solutions that provide customers with software, services, platforms, and content, and it provides solution support and consulting services.

Business Strategy

The company provides various services and products to the customer and company focuses on merger and acquisition which helps them to expand their product portfolio and also allows them to use each other technology for the development of new and innovative product

Microsoft Corporation's annual revenue for 2021 was USD 168.08 billion, a 17.53% increase from 2020.


IBM (International Business Machines Corporation)

Company Details:

Headquarters - New York, USA

Year of Establishment - 1911

Website - www.ibm.com

Company Overview

International Business Machines Corporation operates as an integrated technology and services company worldwide. Its Cognitive Solutions segment offers Watson, a cognitive computing platform that interacts in natural language, processes big data and learns from interactions with people and computers. This segment also offers data and analytics solutions, including analytics and data management platforms, cloud data services, enterprise social software, talent management solutions, and solutions tailored by industry; and transaction processing software that runs mission-critical systems in banking, airlines, and retail industries.

Business Strategy

IBM is focused to provide distinctive solutions to its customers through its launch 7 & collaboration strategy. In February 2018, IBM and the ministry of skill development & entrepreneurship (MSDE) launched a first-of-its-kind ‘new collar curriculum’. Through this launching strategy, the company aims to provide solutions to improve skills and development to customers in higher education learning. The Company focuses to accelerate its growth in emerging markets through an increased focus on product innovation.

IBM's annual revenue for 2021 was $57.35B, a 3.93% increase from 2020.


NVIDIA Corporation

Company Details:

Headquarters - Santa Clara, CA, U.S.

Year of Establishment - 1993

Website - www.nvidia.com

Company Overview

Nvidia Corporation is an American technology company based in Santa Clara, California. It designs graphics processing units (GPUs) for the gaming and professional markets, as well as systems-on-chip units (SoCs) for the mobile computing and automotive market. Its primary GPU product line, labeled "GeForce", is in direct competition with Advanced Micro Devices (AMD) "Radeon" products. Nvidia expanded its presence in the gaming industry with its handheld Shield Portable, Shield Tablet and Shield Android TV.

Business Strategy

The strategy of Nvidia involves working with end customers and various industry ecosystems through its partner network. Their worldwide sales and marketing strategy is key to achieving the objective of providing markets with high-performance and efficient GPU, and embedded system-on-a-chip, or SOC, platforms.

NVIDIA annual revenue for 2021 was USD 16.6 billion, a 52.73% increase from 2020.


Sony Corporation

Company Details:

Headquarters - Tokyo, Japan

Year of Establishment - 1946

Website - www.sony.net

Company Overview

Sony Group is primarily focused on Electronics such as Audio Video/IT products & components, Games such as PlayStation, Entertainment such as motion pictures and music, and Financial Services such as insurance and banking sectors. The firm has a global presence in countries such as the United States, Europe, China, Asia Pacific, and Japan.

Business Strategy

The company focused on expanding leadership in technologies that solve their customer's most complex challenges. The company is focused on significant upfront investments, in internally developed software titles, artist advances, motion picture productions, television productions and broadcast programming.

Sony Corporation Sony's annual revenue for 2022 was $88.301B, a 4.38% increase from 2021. Sony's annual revenue for 2021 was $84.594B, an 11.32% increase from 2020.


Ubitus Inc.

Company Details:

Headquarters - Taipei, Taiwan

Year of Establishment - 2007

Website - www.ubitus.net

Company Overview

Ubitus Inc. provides a software platform for fixed-mobile convergence applications. The company develops cloud computing solutions for device manufacturers, wireless/wireline communication service providers, and telecommunication network operators to advance consumer adoption of services relevant to sharing live content among friends and access to digital media. The company’s products include ubiLive, a software client and PC/mobile Web portal for accessing online content, connecting devices, linking people, and sharing aspects; and commercial mobile cloud gaming services. The company has a strategic business alliance with Kokusai Kogyo Co. Ltd.

Business Strategy

The company's strategy is focused on expanding its business operations in emerging economies through acquisitions and mergers. For instance, On July 2018, Ubitus Inc. collaborated with Cortex Lab to build Japan's Largest GPU cloud for AI on Blockchain Business


GameFly, Inc.

Company Details:

Headquarters - CA, U.S.

Year of Establishment - 2002

Website - www.gamefly.com

Company Overview

GameFly, Inc. is engaged in providing console video game subscription and rental services in the United States. The company services allow gamers and subscribers to select titles and receive games and movies through the mail and return them using prepaid mailers. In addition, the company provides its game streaming service through set-top boxes, smart TVs, and media players globally. Moreover, the company provides a mobile application named GameFly for iPhone, iPad, and Android devices.

Business Strategy

The company intends to maintain its presence worldwide by providing cutting-edge technology, flexibility in services, unparalleled customer support anytime, anywhere, cost-effective solutions, and capacities designed to meet a wide range of customer needs.


Cloudzen

Company Details:

Headquarters - Singapore

Year of Establishment - 2016

Website - www.cloudzen.tech

Company Overview

Founded in the year 2016, Cloudzen is Singapore-based company involved in providing numerous cloud gaming solutions. The company has offered to operate through a diversified product portfolio that is majorly classified into game development, cloud gaming, game streaming, video streaming, interactive media, social media, gamer community, live streaming, and digital distribution.

Business Strategy

The company’s prior focus is maintaining healthy client relationships by offering customized solutions. The company constantly updates its product portfolio by opting latest technologies. The company follows many employee-friendly policies to improvise the quality of the product.


LiquidSky Software, Inc

Company Details:

Headquarters - New York, U.S.

Year of Establishment - 2014

Website - liquidsky.com

Company Overview

LiquidSky Software, Inc is an American cloud-based service company founded in 2014 in New York, U.S. Companies' services allow users to run computer programs, such as games on Web-enabled devices, such as mobile devices and low-end computers. Sony's PlayStation Now and NVIDIA's GeForce NOW for PC and Mac are major competitors of Liquid Sky Software, Inc.

Business Strategy

The company is focused on regional strategies to best serve customers’ needs.  The company is aimed to enhance its aftermarket position


Hatch Entertainment Ltd.

Company Details:

Headquarters - Espoo, Finland

Year of Establishment - 2016

Website - www.playhatch.com

Company Overview

Hatch Entertainment Ltd. is a social cloud gaming company that offers an instant game collection of 100+ premium games. The company allows the best games to play at any time – all in the cloud, freeing up space on phone. The company allows features in mobile gaming, where players can easily collaborate or compete with their friends and family, and share gameplay moments as they happen. Hatch is a subsidiary of Rovio Entertainment

Business Strategy

The company mainly focuses on launching new cloud games to connect with online customers.


Crytek GmbH 

Company Details:

Headquarters - Frankfurt, Germany

Year of Establishment - 1999

Website - www.crytek.com

Company Overview

Crytek GmbH develops and publishes video games for PCs and consoles to customers in Germany and internationally. Crytek is an independent videogame developer, publisher, and technology provider dedicated to pushing the boundaries of gaming with its cutting-edge 3D game development solution CRYENGINE. The company has additional studios in Budapest, Hungary; Kiev, Ukraine; Sofia, Bulgaria; Seoul, South Korea; Istanbul, Turkey; and Shanghai, China.

Business Strategy

The company is focusing on advancement in gaming technology with its cutting-edge 3D game development solution CRYENGINE. The company also focuses on developing new and advanced gaming products to increase its customer base and maintain its position in the global gaming market. For instance, In September 2018, Crytek launched CryEngine 5.5.

 

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